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Powerlong Commercial Management Holdings (HKSE:09909) EBIT : HK$572 Mil (TTM As of Jun. 2024)


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What is Powerlong Commercial Management Holdings EBIT?

Powerlong Commercial Management Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$326 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$572 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Powerlong Commercial Management Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was 22.48%. Powerlong Commercial Management Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 1,276.65%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Powerlong Commercial Management Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -35.76%.


Powerlong Commercial Management Holdings EBIT Historical Data

The historical data trend for Powerlong Commercial Management Holdings's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Powerlong Commercial Management Holdings EBIT Chart

Powerlong Commercial Management Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only 537.86 797.17 749.54 716.82 576.00

Powerlong Commercial Management Holdings Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 353.80 402.22 314.61 325.75 246.33

Competitive Comparison of Powerlong Commercial Management Holdings's EBIT

For the Real Estate Services subindustry, Powerlong Commercial Management Holdings's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Powerlong Commercial Management Holdings's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Powerlong Commercial Management Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Powerlong Commercial Management Holdings's EV-to-EBIT falls into.


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Powerlong Commercial Management Holdings EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$572 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Powerlong Commercial Management Holdings  (HKSE:09909) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Powerlong Commercial Management Holdings's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=651.504 * ( 1 - 26.83% )/( (2251.315 + 1990.738)/ 2 )
=476.7054768/2121.0265
=22.48 %

where

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=6139.532 - 596.295 - ( 4245.918 - max(0, 1775.489 - 5067.411+4245.918))
=2251.315

Invested Capital(Q: Jun. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=6570.359 - 1118.137 - ( 4266.603 - max(0, 1746.671 - 5208.155+4266.603))
=1990.738

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Powerlong Commercial Management Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=651.504/( ( (50.044 + max(-792.183, 0)) + (52.021 + max(-940.48, 0)) )/ 2 )
=651.504/( ( 50.044 + 52.021 )/ 2 )
=651.504/51.0325
=1,276.65 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(504.868 + 10.502 + 397.333) - (596.295 + 0 + 1108.591)
=-792.183

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(665.412 + 9.845 + 29.378) - (1118.137 + 0 + 526.978)
=-940.48

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Powerlong Commercial Management Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=572.085/-1599.753
=-35.76 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Powerlong Commercial Management Holdings EBIT Related Terms

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Powerlong Commercial Management Holdings Business Description

Traded in Other Exchanges
N/A
Address
1399 Xinzhen Road, Powerlong Tower, Minhang District, Shanghai, CHN, 201101
Powerlong Commercial Management Holdings Ltd is a commercial operation service provider in China. The company provides commercial operation services for developers, tenants, and owners of retail commercial properties. It operates through two segments: Commercial operational services and Residential property management services. Commercial operational services provide full-chain services including positioning, tenant sourcing, opening, and operation to management concerning shopping malls and shopping streets; Property management services, for residential properties, office buildings, and serviced apartments. Its commercial operational services are provided under four brands, namely Powerlong One Mall, Powerlong City, Powerlong Plaza, and Powerlong Land.
Executives
Hoi Kin Hong
Skylong Family Limited 2201 Interest of corporation controlled by you
Tmf (cayman) Ltd. 2301 Trustee
Hoi Wa Fong 2201 Interest of corporation controlled by you
Huihong Management (ptc) Limited
Shih Sze Ni Cecilia 2202 Interest of your spouse
Powerlong Real Estate (bvi) Holdings Limited
Powerlong Real Estate Holdings Limited
Skylong Holdings Limited
Wong Lai Chan

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